COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 1095, 6 April 1911, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES. Sales of Investment shares recorded yesterday were National Mortgage at £3 6s. 6d., and New Zealand Paper Mills at 235. Sd. The buying and selling quotations were as under:— Buveri Kellers £ 3. d. £ s. d National r>ank — 6 16 National Mortgage 3 6 0 3 7 0 Wellington Investment ... 0 1! 3 0 11 6 Christehurch Gas 9 15 0 9 18 6 Feilding Gas 12 0 12 9 Palmcrstou Gas — 8 17 6 Wellington Gas (£10) — 19 0 0 K.Z. Insurance — 4 8 6 Gear Meat (£4i - I' 4 5 0 Gear Jtcit (SI) .7... - 3 12 0 Meat Export (525. 6d.) ... — 3 8 0 Union Ste.-,m 2 0 0 — Well. Woollen (pref.) 3 0 0 - Taupiri Coal 116 — Leyland-O'Brien ~' 16 6 17 0 Manning and Co 4.11 0 — Miramar. Ltd. : '-. 0 2 6 N.Z. Con. Dental 12 6 - N.Z. Drug 2 8 0 - N.Z. Paper Mills 13 6 - Sharland's ordinary 13 6 — Sharland's preference 13 6 — Taranaki Petroleum — 0 14 0 Tarjngaroutu Totara 2 8 3 2 8 9 Ward and Co 5 0 0 —

Custom? duties collected at the port of Wellington yesterday ' amounted to £2576 Is. lid. Reports, received by the United States Postal Department regarding the first month's operation ot the postal savings Dank system started on January 1 are regarded by the officials as demonstrating that the now system has already passed the experimental stage. The total deposits in the 48 existing postal banks for January approximate £12X00, or an average of about £250 each. In the event of this average being maintained throughout the year, the aggregate deposits in those institutions for the year would amount to £150,0110. The officials feel confident that with the extension of the system to the larger cities there will be a, corresponding increase in the volume of deposits. Postmaster-General Hitchcock says that if the necessary appropriations were available ho would establish postal savings banks at once in 500 additional cities. THE METAL MARKETS. ' By Telegraph—Press Association-Copyright . (Rec. April 5, 11.30 p.m.) London, April 5. Copper.-On spot, £54 10s.; three months' £54 15s. Tin.-On spot, £192; three months', £189 10s. Lead.-£l2 Is. 3d. SILVER. ■ By Telegraph—Press Association-Copyrizht London, April 4. Bar silver is quoted at 241 d. per ounce standard.c rr ' DEBENTURES. By Telegraph-Press Association-Copyrie-ht Lonn'on, April 4. Sharcmarket quotations include:—Dalgety and Co.'s shares, £6 (buyers) and £6 lCs. (sellers); Dalgety and Co.'s debentures, £100; Melbourne Gas, £101; Goldsbrough, Mort and Co.'s debentures, £98 10s. NEW ZEALAND FLOUUMILLERS' ASSO- - CIATION. (By Telegraph-Press Association.) ChristchurcH, April 5. -The annual meeting of the New Zealand Flourmillers' Association was held to-day, hut reporters were not admitted. The only information available is that Mr. 11. Wood was re-elected' chairman, and that the other officers were re-elected. MINING NEVVS. WELLINGTON SHARE MARKET. The dullness in mining is very marked. At present there is scarcely anything doing in shares, and the attendance of members at the sittings of the Exchange is slackening. Optimistic views are entertained, however, for it is generally believed that a revival of activity will be experienced shortly, but in the meanwhile the dullness is pronounced. The sales recorded yesterday were:— •Waihi, 655. 9d. (first call). Waihi Grand Junction, 275. lid. (first call); 275. (third call). The buying and selling quotations were as under:— Buyers. Sellers £ s. d. £ F. d Brcmners 0 0 3 0 0 5 Con. Goldfields 0 13 0 — Kapanga. 0 0 6 0 0 7 Kuranui Caledonian C 1 1 0 13 May Queen 0 19 0 1 11 Now Zealand Crown 0 3 6 — New Big River _ 3 5 0 3 10 0 New Sylvia 0 2 9 0 2 11 Old Hauraki 0 1 10 0 2 0 Saxon 0 2 1 0 2 2 Tairua Broken Hills ... 0 1 1 — Talisman 2 9 6 210 0 Victoria 0 10 0 12 Waihi 3 3 0 3 3 6 Waihi Grand Junction .... 16 9 17 3 Waitangi 0 111 0 2 1 Watchman 0 2 3 0 2 6 Ross Reconstructed 0 2 6 — - The following telegrams were received yesterday by the Wellington Stock Exchange :-From the ConsoH-datcd Goldfields: Progress: Crushed 45C0 tons, yielding £3335; cyanided, 2546 tons lor £490; Fillphurcts produced estimated value of £678. Wealth of Nations: Crushed 1755 tons for £2412; cyanided 1095 tons for .£960. Blackwater: Crushed 3817 tons for £6639; cyanided 2453 tons for £730: concentrateproduced estimated value £531. From the New Big River Company:— '.'Twentieth dividend ot Its. declared today; | payable April 7."

STOCK EXCHANGE. (By Telegraph—Press Association.) Auokland, April 5. Business done on 'Change this morning:— Saxon. 2s. Id. flaura'ki Reefs, 7d. Kapanga. (con.), 7d. Grand Junction, £1 7s. N.Z. Insurance. £4 Bs. M. . Union Steam, £2. ' Auckland Trams (ortD, £1 ss. 6d. The following business was done at the 3.15 p.m. call to-day:— Kuranui Caledonian, Is. Jfonowai, Is. 6d. ■ 'Occidental Consolidated, 2!d.' Talisman Consolidated, £2 IPs. New V/aitaio. BJd. Kuranui. 3d. New Ze?.13.ml Cement, £1 15s. Auckland Tramways ford.), £1 ss. 6d. Cliristcliurch, April 5. Sales reported on the Stock Kschangp of Canterbury to-day were:— Permanent, Investment. Canterbury, £10. Union Steam Ship Company, ,£2 os. 3d. Stocktons, 4s. , Crown Brewery. £1 17s. Talisman Consolidated (new k=s!ie), £2 3s. Duncdln, April 5. Stock Exchange sales reported:— Now Zealand Paper Mills. £! 3s. lO'd, Waihi Grand Junction. .£1 7s. Donnghy'.s P.one, ,£1 <g. 6d. Waihi, £3 3s. 6d. WAIHI GRAND JUNCTION. (By Telegraph.—Press Association.) Auckland, Apri! 5 For the period ended March 21 the Waihi Grand Junction crushed 724-S tons for a return valued at £10,033 Is. <!d.